Tag Archives: Credit Suisse

“Bad Actor” Waivers Getting Harder to Get

After giving an investment adviser that failed to get clients’ consents for 21,000 trades a “bad boy” waiver, the Securities and Exchange Commission is now considering punishing JP Morgan. The Wall Street Journal reports that the Commission is thinking about … Continue reading

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Some “Bad Actors” Are More Equal Than Others

Are some “bad actors” more equal than others? The SEC has given admitted criminals waivers from the bad actor disqualification to participate in the private placement market. These criminals include some of the large international money center banks. Other smaller … Continue reading

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Full SEC Waives Reg. D Prohibition

“Bad Actors” are not permitted to utilize the private placement rules under Reg. D. If you happened to settle a potential civil action with the SEC in a plea agreement in which you paid a $196 million fine plus disgorgement, … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Legislative Intent, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment